Practice Update March 2022
Practice Update March 2022 covers following points:
- Tax deductibility of COVID-19 test expenses
- Super changes and full expensing 12-month extension now law
- 12-month extension of the temporary loss carry-back measure
- Keeping and maintaining SMSF records
- New shield against debt recovery proposed for small business
- SMSF – statistical overview from 2020 lodgments published
- Small employers and STP – the ATO gets serious